--- title: "Pre-market trend | PUTIAN COMM (1720.HK) shows unusual activity in low-priced telecom stocks on May 11, is short-term capital testing the waters?" type: "News" locale: "en" url: "https://longbridge.com/en/news/285907006.md" description: "Yesterday's closing price for PUTIAN COMM was HKD 0.64, with a trading volume of approximately HKD 6.06 million, showing significant signs of activity recently. The MACD daily line formed a golden cross signal above the zero axis, which typically indicates that short-term funds are tentatively positioning at the bottom for low-priced stocks, with buying power beginning to awaken from dormancy. The stock price is operating in a very low price range, with the market rhythm primarily showing slight upward fluctuations. On the news front, the communication equipment sector is overall in a rising cycle. NVIDIA is accelerating the advancement of the next-generation AI chip platform, and the expansion of data centers is driving continuous growth in demand for communication infrastructure. The Hong Kong stock market's communication equipment sector performed strongly yesterday, with YOFC rising 5.45% and TIME INTERCON increasing by over 7%, showing clear signs of heat spreading to small and mid-cap targets. As a participant in the communication equipment field, PUTIAN COMM has gained attention from funds due to the sector rotation effect. From a technical perspective, the stock price of HKD 0.64 is at a historical low range, and the appearance of the MACD golden cross injects some upward momentum into the short-term trend. Recently, the trading volume has increased from previous low levels, indicating that incremental funds are entering at low levels. However, the technical indicators for low-priced stocks have relatively limited reference value, and actual trends are more influenced by capital games and market sentiment. It is particularly important to note that low-priced stocks have extremely high volatility, with daily price fluctuations potentially being quite severe, and the company's fundamental information is relatively limited, so investors should fully assess liquidity risks. The technical indicators show bullish signals, but the uncertainty is high, requiring cautious handling" datetime: "2026-05-12T01:00:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285907006.md) - [en](https://longbridge.com/en/news/285907006.md) - [zh-HK](https://longbridge.com/zh-HK/news/285907006.md) --- # Pre-market trend | PUTIAN COMM (1720.HK) shows unusual activity in low-priced telecom stocks on May 11, is short-term capital testing the waters? Yesterday's closing price for PUTIAN COMM was HKD 0.64, with a trading volume of approximately HKD 6.06 million, showing significant signs of activity recently. The MACD daily line formed a golden cross above the zero axis, which typically indicates that for low-priced stocks, there is short-term capital tentatively positioning at the bottom, and buying power is beginning to awaken from dormancy. The stock price is operating in a very low price range, with the market rhythm primarily showing slight upward fluctuations. On the news front, the communication equipment sector is overall in an upward cycle. NVIDIA is accelerating the advancement of the next-generation AI chip platform, and the expansion of data centers is driving continuous growth in demand for communication infrastructure. The Hong Kong stock market's communication equipment sector performed strongly yesterday, with YOFC rising 5.45% and TIME INTERCON increasing by over 7%, showing clear signs of the sector's heat spreading to small and mid-cap stocks. As a participant in the communication equipment field, PUTIAN COMM has gained capital attention due to the sector rotation effect. From a technical perspective, the stock price of HKD 0.64 is at a historically low range, and the appearance of the MACD golden cross injects some upward momentum into the short-term trend. Recent trading volume has increased from previous low levels, indicating that incremental capital is entering at low levels. However, the technical indicators for low-priced stocks have relatively limited reference value, and actual trends are more influenced by capital games and market sentiment. It is particularly important to note that low-priced stocks have extremely high volatility, and daily price fluctuations may be quite severe, with relatively limited fundamental information about the company. Investors should fully assess liquidity risks. Although there are bullish signals from the technical perspective, the uncertainty is high, and caution is advised. _This article only provides technical analysis and market information for reference and does not constitute any investment advice. 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